BEIJING, March 5, 2012 /PRNewswire/ -- Medical Care
Technologies Inc. (OTCBB: MDCE), a children's healthcare
service provider, announced that the Special Meeting of
Shareholders of the Company's common stock held on February 29, 2012 at 10:00
a.m. E.S.T was adjourned for lack of quorum. The adjourned
Special Meeting will occur on March 29,
2012 at 10:00 a.m. E.S.T in
order to provide time for the shareholders to ensure that their
voting instructions are carried out on proposed matters contained
in the proxy statement.
The Board of Directors of Medical Care Technologies Inc.
encourages its shareholders to read the proxy statement for the
adjourned Special Meeting and to vote their shares.
"On behalf of the Board, I thank all of the Company's valued
shareholders for their loyalty and continued support," stated
Ning Wu, Chief Executive Officer of
Medical Care Technologies Inc.
About Medical Care Technologies Inc.
Medical Care Technologies Inc. is traded under the symbol MDCE on
the OTCBB and is headquartered in Beijing, China. MDCE, through joint
ventures or Chinese subsidiaries, develops a network of children's
health facilities in the larger urban areas throughout China. Services are geared towards the
advancing economic middle-class and upper class Chinese families.
Specializing in the care of children between the ages of 3 to 16,
MDCE's role is to enhance the overall well-being of the family and
community and to expand its pediatric services to include
preventative health and wellness education. MDCE, through its
children's health facilities, will also distribute a diverse range
of industry-leading pharmaceutical and nutraceutical product lines.
MDCE's main mission is simple – to become a healthcare service
provider leader in children's health. Information on the Company
can be found at www.sec.gov and the Company's website at
www.medicaretechinc.com.
Safe Harbor Statement
All statements contained in this press release, other than
statements of historical fact, are forward-looking statements,
including those regarding: MDCE's products, services,
capabilities, performance, opportunities, development and business
outlook, guidance on our future financial results and other
projections or measures of our future performance; the amount and
timing of the benefits expected from strategic initiatives and
acquisitions or from deployment of new or updated technologies,
products, services or applications; and other potential sources of
additional revenue. These statements are based on our current plans
and expectations and involve risks and uncertainties that could
cause actual future events or results to be different than those
described in or implied by such forward-looking statements. These
risks and uncertainties include those relating to: lack of
operating history, transitioning from a development company to an
operating company, difficulties in distinguishing MDCE's products
and services, ability to deploy MDCE's services and products,
market acceptance of our products and services; operational
difficulties relating to combining acquired companies and
businesses; our ability to form and maintain mutually beneficial
relationships with customers and strategic partners; changes in
economic, political or regulatory conditions or other trends
affecting the healthcare, Internet, information technology and
healthcare and pharmaceutical industries, and our ability to
attract and retain qualified personnel. Other risks and
uncertainties may include, but are not limited to: lack of or delay
in market acceptance and fluctuations in customer demand,
dependence on a limited number of significant customers, reliance
on third party vendors and strategic partners, ability to meet
future capital requirements on acceptable terms, continuing
uncertainty in the global economy, and compliance with federal and
state regulatory requirement. Further information about these
matters can be found in our Securities and Exchange Commission
filings. We expressly disclaim any intent or obligation to update
these forward-looking statements.
For Further Information:
Contact: Shu Bei
Tel: (852) 8122-9660
Email: contact@medicaretechinc.com
Web: www.medicaretechinc.com
SOURCE Medical Care Technologies Inc.